600 Group PLC PDMR Share Dealings (1855N)
January 15 2019 - 12:10PM
UK Regulatory
TIDMSIXH
RNS Number : 1855N
600 Group PLC
15 January 2019
15 January 2019
The 600 Group Plc
("600 Group" or "the Group")
PDMR Share Dealings
The Board of 600 Group today confirms that further to
announcement of his roll change in the Group's Laser Marking
Division and his intention to retire, Mr Grimes has sold 3,150,000
shares in the company at 14p per share. All shares pursuant to Mr
Grimes' sale have been successfully placed with new and existing
shareholders. Following the sale, Mr Grimes retains an interest in
a total of 4,350,000 ordinary shares in the Company, representing
3.85% of the total voting rights.
As part of the placement, Stephen Fiamma, Non-Executive
Director, acquired 300,000 shares at 14p per share. Following the
purchase, Mr Fiamma is interested in a total of 400,000 ordinary
shares in the Company, representing 0.35% of the total voting
rights.
Enquiries:
The 600 Group PLC Tel: 01924 415000
Paul Dupee, Executive Chairman
Neil Carrick, Finance Director
Instinctif Partners Tel: 0207 457 2020
Mark Garraway
James Gray
Spark Advisory Partners Limited (NOMAD) Tel: 020 3368 3553
Matt Davis
Miriam Greenwood
WH Ireland (Broker) Tel: 020 7220 1666
Adam Pollock
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
About The 600 Group PLC
The 600 Group PLC is a distributor, designer and manufacturer of
industrial products with three principle areas of activities:
Machine Tools
The business has a strong reputation in the market for metal
turning machines. Products range from small conventional machines
for education markets, CNC workshop machines and CNC production
machines. Selected outsourcing partners support the manufacturing
of these machines and they are marketed through the Group's wholly
owned international sales organisation and global distribution
network.
Precision Engineered Components
Machine spares are distributed to customers globally to help
maintain the installed base of group machines which number in
excess of 100,000. Additionally, work holding products and taper
roller bearings are sold via specialist distributors to OEMs,
including other machine builders.
Industrial Laser Systems
Industrial laser systems are a technologically superior
alternative to ink jet marking. It requires no consumables and can
operate on a continuous high speed basis when integrated into
customers' production lines. The business has its own technology
and proprietary software. Customer applications are diverse and
range from telecommunications to pharmaceuticals. The requirement
for increased product and component traceability is one of the
market drivers.
More information on the Group can be viewed at:
www.600group.com
1. Details of PDMR / person closely associated with
them ("PCA")
(a) Name David Grimes
------------------------------ ------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
(a) Position / Divisional Managing Director of the
status Group's Global Laser Marking Division
------------------------------ ------------------------------------------
(b) Initial notification Initial notification
/ amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
--------------------------------------------------------------------------
(a) Name 600 Group plc
------------------------------ ------------------------------------------
(b) Legal Entity 213800XECL92PYA1IK97
Identifier
Code
------------------------------ ------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
--------------------------------------------------------------------------
(a) Description 600 Group plc ordinary shares of
of the financial 1 pence
instrument
GB0008121641
Identification
code
------------------------------ ------------------------------------------
(b) Nature of the Sale of Shares
transaction
------------------------------ ------------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s)
------------------------------ -------------------- --------------------
GBP0.14 3,150,000
----------------------------------------------------------- --------------------
(d) Aggregated
information
GBP0.14
* Price
3,150,000
* Volume
------------------------------ ------------------------------------------
(e) Date of the 15 January 2019
transaction
------------------------------ ------------------------------------------
(f) Place of the London Stock Exchange - XLON
transaction
------------------------------ ------------------------------------------
1. Details of PDMR / person closely associated with
them ("PCA")
(a) Name Stephen Fiamma
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
(a) Position / Non-Executive Director
status
------------------------------ --------------------------------------
(b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
----------------------------------------------------------------------
(a) Name 600 Group plc
------------------------------ --------------------------------------
(b) Legal Entity 213800XECL92PYA1IK97
Identifier
Code
------------------------------ --------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
----------------------------------------------------------------------
(a) Description 600 Group plc ordinary shares of
of the financial 1 pence
instrument
Identification GB0008121641
code
------------------------------ --------------------------------------
(b) Nature of the Purchase of Shares
transaction
------------------------------ --------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s)
------------------------------ ------------------ ------------------
GBP0.14 300,000
--------------------------------------------------------- ------------------
(d) Aggregated
information
GBP0.14
* Price
300,000
* Volume
------------------------------ --------------------------------------
(e) Date of the 15 January 2019
transaction
------------------------------ --------------------------------------
(f) Place of the London Stock Exchange - XLON
transaction
------------------------------ --------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHCKPDKOBKDODD
(END) Dow Jones Newswires
January 15, 2019 12:10 ET (17:10 GMT)
600 (LSE:SIXH)
Historical Stock Chart
From Feb 2025 to Mar 2025
600 (LSE:SIXH)
Historical Stock Chart
From Mar 2024 to Mar 2025
